U.S. 10-year Treasury yields climbed above 5.3%, hitting a 52-week high, after the Treasury announced a $6 billion buyback of 10-20 year debt. The move signals continued pressure on long-term rates despite softer-than-expected PCE data.
published
U.S. 10-year Treasury yields climbed above 5.3%, hitting a 52-week high, after the Treasury announced a $6 billion buyback of 10-20 year debt. The move signals continued pressure on long-term rates despite softer-than-expected PCE data.
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